PHAST INVEST

About PHAST INVEST

Phast Invest is the controlling holding vehicle associated with the Prodware group and plays a pivotal role in the governance and capital transactions surrounding the software and IT services company. In recent market and regulatory filings, Phast Invest is identified as the initiator of the public buyout offer and subsequent mandatory squeeze-out for Prodware shares, at a price of €28 per share, with the stated objective of simplifying the shareholding structure and delisting Prodware from Euronext Growth. The transaction reflects a long-term strategy focused on consolidating control and streamlining governance. The entity is historically connected to Prodware’s main founders and executives. Official documents show that Phast Invest was initially equally owned by Philippe Bouaziz, Alain Conrard and Stéphane Conrard in the early concerted action process, and later brought together the historical managers and financial partners, including Tikehau Capital, through a €20 million capital increase in 2023. That financing round, based on a €300 million valuation of Prodware, was designed to strengthen the company’s equity base and support its international expansion. Under this governance model, Prodware has gone through several major capital steps: an initial takeover offer, successive threshold crossings, a stronger control position for Phast Invest, and finally the implementation of the squeeze-out in January 2026. Together, these milestones point to a long-term industrial and financial vision centered on ownership stability, capital structure simplification, and execution by the group’s historical leadership. Phast Invest therefore stands out as an investment and control vehicle built to support Prodware’s development, with recognized expertise in leveraged transactions, financing, and corporate governance.